EPFO ALERT! Employees’ Provident Fund Organisation notifies THESE bank account holders to update account details in UAN; Know process here
EPFO has now informed that with effect from 1st April 2021 the IFSC of these banks has become invalid.
UAN stands for Universal Account Number to be allotted by the Employees’ Provident Fund Organisation (EPFO). The UAN acts as an umbrella for the multiple Member Ids allotted to an individual by different establishments. The idea is to link multiple Member Identification Numbers (Member Id) allotted to a single member under a single Universal Account Number. This will help the member to view details of all the Member Identification Numbers (Member Id) linked to it.
If a member is already allotted Universal Account Number (UAN) then he/she is required to provide the same on joining new establishment to enable the employer to in-turn mark the new allotted Member Identification Number (Member Id) to the already allotted Universal Identification Number (UAN).
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EPFO has now informed that “It is hereby notified that with effect from 1st April 2021 the IFSC of Andhra Bank, Oriental Bank of Commerce, Allahabad Bank, Syndicate Bank, United Bank of India and Corporation Bank has become invalid.”
It has also mentioned that “Member needs to get the correct IFSC added through an employer as till then no online claim filing will be facilitated. Kindly get the correct IFSC from your bank and get the details uploaded and approved. This will ensure that member’s claim amount is not returned by banks.
Update bank account details in UAN
Know the simple steps through which employees can easily update their Bank Account Details in UAN. #EPFO #SocialSecurity #HumHainNa #Employees #Services #पीएफ #ईपीएफओ pic.twitter.com/3xyM0deMAY
— EPFO (@socialepfo) June 24, 2021
Step 1- Visit Unified Member Portal. Login with UAN and Password
Step 2 - Click on Manage tab. Select KYC option from Drop Down menu
Step 3 - Select Documents. Enter Bank Account Number and IFSC. Click Save
Step 4 - After saving New Bank Details, it will show KYC pending for approval.
Step 5 - Submit Documents to Employer. After documents verification by Employer, KYC pending for approval will change to Digital Approved KYC
Bank accounts of members in the State Bank of India (SBI) will be digitally verified by the bank itself. Member will receive a confirmation message from EPFO, after successful verification of bank details by employer/SBI
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